Forum Energy Technologies (FET) Reports Q2 Loss, Tops Revenue Estimates

Forum Energy Technologies (FET) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of$ 0.15. This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -166.67%. A quarter ago, it was expected that this provider of manufactured technologies and applied products in the energy sector would post earnings of$ 0.43 per share when it actually produced earnings of $0.04, deliver ...